1) The 4 Factors of Production spell out a) CELL b) LTD c) PLC 2) Land is a) The Business idea b) The workers c) The natural resources d) The Machinery  3) Labour is  a) The Business idea b) The workers c) The natural resources d) The Machinery  4) Capital is a) The Business idea b) The workers c) The natural resources d) The Machinery  5) Enterprise is a) The Business idea b) The workers c) The natural resources d) The Machinery  6) A Sole trader is a) A business owned by the government b) A business owned by one individual c) A business owned by multiple shareholders d) A business owned by 2-20 people 7) An advantage of a soletrader is a) You have to work long hours b) If you take a holiday the business is not earning money c) You get to be your own boss d) You have to split the profits with others 8) An advantage of a soletrader is a) You have to work long hours b) If you take a holiday the business is not earning money c) You get to keep all the profits to yourself d) You have to split the profits with others 9) A disadvantage of operating as a sole trader is a) You get to make all the decisions b) You need to work long hours c) You get to decide what the business sells 10) An example of a sole trader would be a) The NHS b) ASDA c) A plumber d) Barceolna Football Club

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